2024 MGA to KHR Historical Review

YEARLY HIGH

0.9294 KHR

YEARLY LOW

0.8501 KHR

YEARLY AVERAGE

0.8981 KHR

2024 MGA to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.9294. Conversely, the yearly low was recorded on December 12, dropping to 0.8501.

This high-to-low spread represents a total annual volatility of 0.0793 KHR. From a start-to-finish perspective, comparing the January average rate of 0.8953 to the December average rate of 0.8559, the exchange rate registered a net change of -4.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9294 was down 3.75% compared to the 2023 peak of 0.9656, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MGA based on timing:

Yearly Peak High 4,647 KHR

2023 Average 4,617 KHR

Yearly Trough Low 4,250 KHR

Transaction Impact: A difference of 396.65 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9278

0.8494

JanuMarcMayJulySeptNove

MGA to KHR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.9103, compared to 0.8858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0245 points.

H1 Avg (Jan–Jun) 0.9103

H2 Avg (Jul–Dec) 0.8858

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0314 KHR (High: 0.9272 / Low: 0.8958). On the other end, February was the most stable month, with a tight range of 0.0080 KHR (High: 0.9041 / Low: 0.8960).

March Spread (Volatile) ±0.0314

February Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0170 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0170

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.9213) against the same month in 2023 (average: 0.9285), the exchange rate shifted by -0.0072 (-0.78%).

2024 Avg (April) 0.9213

2023 Avg (April) 0.9285

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9032	0.8866	0.8953
February	0.9041	0.8960	0.8990
March	0.9272	0.8958	0.9069
April	0.9294	0.9144	0.9213
May	0.9224	0.9134	0.9192
June	0.9279	0.9104	0.9203
July	0.9236	0.8985	0.9120
August	0.9072	0.8857	0.8950
September	0.9004	0.8895	0.8952
October	0.8944	0.8804	0.8856
November	0.8841	0.8583	0.8711
December	0.8642	0.8501	0.8559